Construction Loan Terms

Property TypesInterest RateLoan To CostLoan to ValueTermLoan FeesAmortization
Apartments4.50% - 7.00%70% - 80%70% - 80%24 - 36 Months1%Interest Only
Health Care &
Senior Housing
5.50% - 7.25%70%- 80%70% - 80%24 - 36 Months1%Interest Only
Industrial5.25% - 7.10%60% - 80%60% - 80%24 - 36 Months1%Interest Only
Hospitality6.25% - 7.75%60% - 80%60% - 80%24 - 36 Months1%Interest Only
Office5.10% - 7.00%60% - 80%60% - 80%24 - 36 Months1%Interest Only
Retail5.50% - 7.45%60% - 80%60% - 80%24 - 36 Months1%Interest Only
Special Purpose6.50% - 8.10%60% - 80%60% - 80%24 - 36 Months1%Interest Only